Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran - 2022
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran (CIF) - 2022
The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $1,536 per ton in 2022, surging by 4% against the previous year. Over the period under review, the import price, however, saw a mild decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the peak figure at $1,832 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,585 per ton), while the price for South Korea ($1,338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $1,100 per ton in 2022, surging by 5.1% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2015 when the average export price increased by 50% against the previous year. The export price peaked at $1,742 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($1,415 per ton), while the average price for exports to Kyrgyzstan ($347 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+0.0%), while the prices for the other major destinations experienced a decline.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran
Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Iran fell notably to 20K tons in 2022, reducing by -50.4% against 2021 figures. In general, imports continue to indicate a precipitous decrease. The smallest decline of -19.4% was in 2020.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) dropped rapidly to $30M in 2022. Over the period under review, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 0.9%.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.4 | 45.9 | 47.5 | 22.9 | -27.6% |
| South Korea | 2.2 | 3.0 | 2.3 | 1.8 | -6.5% |
| Turkey | 3.1 | 2.3 | 1.9 | 1.1 | -29.2% |
| Germany | 1.3 | 1.8 | 0.3 | 0.8 | -14.9% |
| United Arab Emirates | 1.5 | 2.0 | 3.3 | 0.7 | -22.4% |
| Hong Kong SAR | 0.1 | 0.1 | 0.3 | 0.5 | 71.0% |
| Others | 3.1 | 3.0 | 3.0 | 2.4 | -8.2% |
| Total | 71.7 | 58.1 | 58.7 | 30.2 | -25.0% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Iran in 2022:
- China (16.4K tons)
- South Korea (1.4K tons)
- Turkey (0.4K tons)
- Hong Kong SAR (0.4K tons)
- United Arab Emirates (0.3K tons)
- Germany (0.3K tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran
In 2022, overseas shipments of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) decreased by -54.3% to 3.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a deep setback. The growth pace was the most rapid in 2020 when exports increased by 37%.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) contracted rapidly to $4.1M in 2022. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year. As a result, the exports reached the peak of $9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 867 | 2,540 | 3,608 | 651 | -9.1% |
| Turkmenistan | 1,096 | 767 | 1,061 | 612 | -17.7% |
| Iraq | 968 | 755 | 629 | 463 | -21.8% |
| Afghanistan | 927 | 965 | 135 | 403 | -24.2% |
| Azerbaijan | 1,954 | 1,839 | 640 | 323 | -45.1% |
| Armenia | 219 | 320 | 288 | 298 | 10.8% |
| Kyrgyzstan | 15.3 | 23.0 | 227 | 45.9 | 44.2% |
| Uzbekistan | 395 | 266 | 133 | 27.8 | -58.7% |
| Others | 1,476 | 1,495 | 1,775 | 1,253 | -5.3% |
| Total | 7,915 | 8,972 | 8,496 | 4,079 | -19.8% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Iran in 2022:
- Turkmenistan (857.5 tons)
- Iraq (569.5 tons)
- Azerbaijan (508.9 tons)
- Afghanistan (490.0 tons)
- Turkey (460.1 tons)
- Armenia (317.4 tons)
- Kyrgyzstan (132.1 tons)
- Uzbekistan (22.6 tons)
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